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2022-08-31-accounts

Trustees Clalre Longley
Gill Norris
Nelson Brany
John Horseman
Anna
Maimi
Julkr Robinson
Liz Challis
Tom Morris
Registered Office 9 Byng Road
Tunbrldge
Wells
Kent
TN4 8EG
Independent Examiner Nash Harvey Group LLP
The Granary
Hermitage
Court
Hermitage
Lane
Maldstone
Kent ME16 9NT
Bankers Bsrdays Bank pic
73/75 Calverhy Road
Tunbrldge
Wells
Kent
Charity Registration Number 1079399
Webslte www. ghanaeducationprotact. org.uk

Page
Trustees Report 1-4
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts 8-11

The appointment of trustees ls made by means of election at Ihe charity's annual general meeting. The trustees who served
during the year were:
Clalre Longlsy
Gill Norris Founder
Nelson Srany
John I-lorseman Treasurer
Anna
Melml
Julle Robinson Fundraiser
Uz Challis Secretary
Tom Monte Chair

Unrestricted Restricted Total Total
Funds Funds
Note 2022 2021
Income and Endowments from:
Dcna0cns and Legedes 3,237 12,981 18,199 16,142
Giber Trading
Activities
18,377 18,377 14,233
Charitable
Activities
8,315 8,315 7,121
Interest 13
Total Income
Expenditure
on:
Raising Funds 2,987 2,987 2,288
Charitable
Acdvltles
52,271 11,335 63,806 76,559
Total Expenditure 55,268 11,335 66,593 77,857
Net Income
/ (expenditure)
before gains / gosses) on (29,324) 1,828 (27,698) (40,348)
foreign exchange
Foreign Exchange Gain / (Loss) 2.8 (1,258) (1,268)
Net Income
/ (Expenditure)
(30,582) (28,956)
Transfers
between
funds
Net Movement
In Funds
(30,582) 1,826 (28,968) (40,345)
Reconcl6atlon ofFunds:
Fund Balances at 1 September 2021 130,254 17,401 147,655 188,000
Fund Batences at 31August 2022 99,872 19,027 118,699 147,655

2022 2021
Note
Fixed Assets 68,818 88,700
Current Assets
Balance at Bank 82,398
Cash
In Hand
832
Debtors 2,217 2,035
Llsbllltlss
Loan fram Trustee (5,587l (7,212)
Net Assets 118,898 147,855
unrestricted Funds 2.8
General fund 41,654
Designated fund —Fixed assets 68,818 88,700
Restricted
Funds
19,027 17,401
118,899 147,655

3. Expenditure on Charitable on Charitable ActlvNes ActlvNes
2022 2021
8 6
Geneml
Nkwanta
Expenditure 7,117
School Operating Costs 18,554 19,622
Guest House Expenditure 8,518 7,974
Deprecladcn 31,015 39,654
Governance Costs 402
Total Expenditure on Charitable AcNvNes 75,558

The Frank
GEP 300 The Mvule Individual Jackson Total
f Trust
8
Donors
6
Foundationf
At 1September
2021
10,145 7,258 17,401
Donations
/ grants received
In year gnc Gift Aid) 375 5,086 7,600 12,961
IJnlverslty
and co5ege burssrles
(3,480) (3,460)
School running
cost / text books
(375) (7,500) (7,875)
At 31August 2022 10,145 8,882 19,027

6. Assets held ln Assets held ln Ghana
Net assets
hekl
in Ghana by Ghana Educstke ProJect, registered locally ss both a separate legal
entity
and as s non-
govemmental orgenlseBon (NGO), were as follows:
At 31 August 2022 At 31August 2021
6
Fixed Assets at net book value 58,818 00,700
Sank and cash balances 12,271 6,648
Llabgltles —Loan from Trustee (5,507) (7,212)
Total Net Assets held in Ghana 65,622 00,134
0. Fixed Assets
Buildings Buildings Assets
In
Fixtures Total
(Community) (School) course of and
construction Fittings
8 6
Cost
At 1 September 2021 1M,272 305,102 79,013 485,107
Additions 1,133 1 133
Transfer on
Completion
At 31 August 2022 100,272 305,102 00,948 456,320
DQQf~clstlon
At 1 September 2021 100,269 216,843 78,575 308,487
Charge for the pedod 30,510 505 31,015
At 31 August 2022 1Bgv269 247,153 00,080 427,502
At 31 August 2021 88,450 238 00,700
At 31 August 2022 57,949 088 50,010
Notes: